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Learn if medical factoring can help you grow your medical factoring company.
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Medical supply companies in general are very profitable enterprises. However, most medical supply companies operate on a very tight cash flow. Unfortunately, the challenging billing procedures and slow payment cycles of insurance companies, HMOs and Medicare/Medicaid create a situation where many companies wait 30 to 60 days before getting paid.Cash flow can get even tighter if the company's sales grow, or if the owners decide to open new locations. When this happens, most company owners try to more ...
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